Visa Company Profile (NYSE:V)

Visa trades on the New York Stock Exchange (NYSE) under the ticker symbol "V."

Visa declared a quarterly dividend on Wednesday, October 18th. Shareholders of record on Friday, November 17th will be paid a dividend of $0.195 per share on Tuesday, December 5th. This represents a $0.78 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Thursday, November 16th. This is a positive change from Visa's previous quarterly dividend of $0.17. View Visa's Dividend History.

Visa shares split before market open on Thursday, March 19th 2015. The 4-1 split was announced on Thursday, January 29th 2015. The newly issued shares were issued to shareholders after the market closes on Wednesday, March 18th 2015. An investor that had 100 shares of Visa stock prior to the split would have 400 shares after the split.

Visa announced that its board has authorized a share buyback program on Monday, April 24th 2017, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 2.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

Visa Inc. (NYSE:V) posted its quarterly earnings data on Thursday, April, 20th. The company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.07. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.29 billion. Visa had a return on equity of 30.95% and a net margin of 36.53%. Visa's revenue for the quarter was up 23.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 earnings per share. View Visa's Earnings History.

Visa is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Visa.

30 brokers have issued 1-year price targets for Visa's stock. Their predictions range from $45.00 to $150.00. On average, they anticipate Visa's stock price to reach $112.32 in the next twelve months. View Analyst Ratings for Visa.

Here are some recent quotes from research analysts about Visa stock:

• 1. Cantor Fitzgerald analysts commented, "Visa is a card network that facilitates transactions among card (credit, debit, prepaid or commercial) users, issuers, merchants and acquirers. Card networks act as intermediaries, utilizing network capabilities and infrastructure to facilitate the authorization, clearance, and settlement of payment transactions. Visa facilitates payments within a four-party model card payment scheme, wherein the issuer and acquirer are different entities." (9/28/2017)
• 2. According to Zacks Investment Research, "Shares of Visa have outperformed the industry, year to date. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet position ensures effective capital deployment. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.8% upward over the last 60 days." (9/19/2017)
• 3. Wedbush analysts commented, "We are assuming coverage with an OUTPERFORM rating and $96 price target (25x our FY18E adj. EPS), reflecting the company's attractive business model, growth prospects, and outlook for increasing shareholder returns. We point to a host of growth/scale catalysts, including the disintermediation of cash/checks by electronic payments, networks' increased dominance in the payments eco-system, incremental revenue opportunities from European regulations, incremental catalysts from hyper-growth mobile payments, ACH-based revenue growth opportunities, and positive contributions from the VE combination." (1/20/2017)

Visa saw a decline in short interest in September. As of September 29th, there was short interest totalling 30,098,798 shares, a decline of 11.8% from the September 15th total of 34,135,283 shares. Based on an average daily volume of 7,264,067 shares, the short-interest ratio is currently 4.1 days. Currently, 1.6% of the shares of the company are sold short.

Some companies that are related to Visa include Mastercard Incorporated (MA), Accenture PLC (ACN), S&P Global (SPGI), Waste Management (WM), Thomson Reuters Corp (TRI), Fidelity National Information Services (FIS), Fiserv (FISV), Paychex (PAYX), Wpp Plc (WPPGY), Republic Services (RSG), Cap Gemini SA (CGEMY), Experian plc (EXPGY), Waste Connections (WCN), Sodexo SA (SDXAY), First Data Corporation (FDC), IHS Markit (INFO), Omnicom Group (OMC) and Publicis Groupe SA (PUBGY).

Visa's management team includes the folowing people:

• Ryan McInerney, President
• Alfred F. Kelly Jr., Chief Executive Officer, Director
• Vasant M. Prabhu, Chief Financial Officer, Executive Vice President
• Ellen Richey, Vice Chairman - Risk and Public Policy
• Lynne Biggar, Executive Vice President, Chief Marketing and Communications Officer
• Kelly Mahon Tullier, Executive Vice President, General Counsel and Corporate Secretary
• Charlotte Hogg, Executive Vice President, Chief Executive Officer - European Operations
• William M. Sheedy, Executive Vice President - Corporate Strategy, M&A and Government Relations
• Rajat Taneja, Executive Vice President - Technology
• Robert W. Matschullat, Non-Executive Independent Chairman of the Board

Visa's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.70%), Robeco Institutional Asset Management B.V. (0.06%), PGGM Investments (0.03%), Hermes Investment Management Ltd. (0.02%), Sit Investment Associates Inc. (0.01%) and Assenagon Asset Management S.A. (0.01%). Company insiders that own Visa stock include Charles W Scharf, Ellen Richey, James H Hoffmeister, Mary B Cranston, Ryan Mcinerney, Tullier Kelly Mahon and William M Sheedy. View Institutional Ownership Trends for Visa.

Visa's stock was sold by a variety of institutional investors in the last quarter, including Shell Asset Management Co., PGGM Investments, Private Asset Management Inc., Bridges Investment Counsel Inc., Sit Investment Associates Inc., Arrow Financial Corp, Summit X LLC and Mutual of America Capital Management LLC. Company insiders that have sold Visa stock in the last year include Charles W Scharf, Ellen Richey, James H Hoffmeister, Mary B Cranston, Ryan Mcinerney, Tullier Kelly Mahon and William M Sheedy. View Insider Buying and Selling for Visa.

Visa's stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Assenagon Asset Management S.A., Hermes Investment Management Ltd., Exane Derivatives, Robeco Institutional Asset Management B.V., Balasa Dinverno & Foltz LLC, Howe & Rusling Inc. and Neville Rodie & Shaw Inc.. View Insider Buying and Selling for Visa.

Shares of Visa can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Visa stock can currently be purchased for approximately $107.55.